Energy
Renewables

Focused on clean energy, Tata Power keeps its face to the sunshine. Low tariff can cloud its view.

Focused on clean energy, Tata Power keeps its face to the sunshine. Low tariff can cloud its view.
BCCL

An awareness van of rooftop solar power flagged-off by Tata Solar Power from GREDA office in Ranchi on June 13, 2019.

Synopsis

The company is looking to raise its market share in green energy to 60% by 2025 from 25% at present. It is gaining prominence in solar rooftop and pumps, and will gradually close down thermal-power plants as they age. The company, which has an INR44,000 crore debt, plans to reduce it to INR25,000 crore this financial year.

By
7 mins read, Last Updated:
With a huge land mass, 300 sunny days a year, over a dozen perennial rivers, and a coastline spanning over 7,500km, India has all it takes to become a renewable-energy superpower. The country has started the journey to book its place as the world leader in solar power in the next decade. Renewable energy accounts for 26% of the world’s electricity and the share will only increase in the future. Tata Power, the country’s leading power producer,

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